Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit
By Hannah Lang
By John McCrank and Hannah Lang
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Crypto lender Celsius Network is still facing the consequences of its tumultuous 2022 long after it declared bankruptcy. New York State Attorney General Letitia James has sued former Celsius CEO Alex Mashinsky for allegedly defrauding investors out of "bi
New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, co-founder and former CEO of Celsius Network, according to an announcement on Thursday.
The New York Attorney General Letitia James is suing Alex Mashinsky, co-founder and former CEO of bankrupt crypto lender Celsius Network, for defrauding hundreds of thousands of investors, including 26,000 New Yorkers.